SteelPeak Wealth LLC Sells 6,624 Shares of iShares Core S&P 500 ETF $IVV

SteelPeak Wealth LLC lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,965 shares of the company’s stock after selling 6,624 shares during the quarter. iShares Core S&P 500 ETF makes up 1.4% of SteelPeak Wealth LLC’s portfolio, making the stock its 16th biggest holding. SteelPeak Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $41,757,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 33,427,901 shares of the company’s stock valued at $22,373,294,000 after buying an additional 939,429 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P 500 ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after buying an additional 201,983 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after buying an additional 505,293 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of iShares Core S&P 500 ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after acquiring an additional 601,254 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $658.96 on Friday. The stock has a market capitalization of $726.73 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average of $678.58 and a 200 day moving average of $679.61. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.